TB Capital Gestao de Recursos Ltda.
TB Capital Gestao de Recursos Ltda. reported 19 stocks worth $183M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are BKNG (12.4%), ABNB (10.2%) and NU (9.2%). Compared with Q1 2026, the fund opened new positions in SPGI, MELI and SPOT, added to BKNG, NU and DLO, trimmed ABNB, APO and MSFT and sold out of NVDA and MELI.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 5 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  BKNG Booking Hldgs Inc | $22.7M | 12.4% | 128K | +123K (+2931%) | 5 of 5 | |
| 2 |  ABNB Airbnb Inc | $18.5M | 10.2% | 130K | −63K (−33%) | 5 of 5 | |
| 3 |  NU NU Hldgs Ltd | $16.8M | 9.2% | 1.3M | +379K (+43%) | 5 of 5 | |
| 4 |  DLO Dlocal Ltd Class A Com | $14.5M | 7.9% | 1.1M | +308K (+38%) | 5 of 5 | |
| 5 |  SAP Sap SE | $14.2M | 7.8% | 92K | +14K (+18%) | 2 of 5 | |
| 6 |  CPNG Coupang Inc | $12.5M | 6.8% | 717K | +220K (+44%) | 5 of 5 | |
| 7 |  APO Apollo Global Mgmt Inc | $11.6M | 6.3% | 98K | −19K (−17%) | 5 of 5 | |
| 8 |  SPGI S&P Global Inc | $10.6M | 5.8% | 26K | New position | 1 of 5 | |
| 9 |  V Visa Inc | $10.5M | 5.8% | 31K | +10K (+50%) | 5 of 5 | |
| 10 |  MSFT Microsoft Corp | $8.9M | 4.9% | 24K | −4,080 (−15%) | 5 of 5 |
Positions at Jun 30, 2026, as reported. Change is against the fund's Q1 2026 filing; weight is the share of the fund's reported stocks.
Sold out
held in Q1 2026, gone in Q2 2026
Reported value
last 5 quartersThe value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.
Filings for Q2 2026
straight from the SEC| Filed | Form | Quarter | |
|---|---|---|---|
| Aug 14, 2026 | 13F-HR | Q2 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →TB Capital Gestao de Recursos Ltda. 13F FAQ
What does TB Capital Gestao de Recursos Ltda. own?
TB Capital Gestao de Recursos Ltda. reported 19 stocks worth $183M in its 13F filing for Q2 2026, filed Aug 14, 2026. The table above lists every position in the filing (the top 10 without an account).
What did TB Capital Gestao de Recursos Ltda. buy and sell in Q2 2026?
Compared with Q1 2026: 4 new positions, 7 added to, 8 trimmed and 2 sold out. New positions include SPGI, MELI and SPOT. It sold all of NVDA and MELI.
When will TB Capital Gestao de Recursos Ltda. file its next 13F?
Holdings as of Sep 30, 2026 are due by Nov 16, 2026. The filing appears on this page within minutes of reaching the SEC.
How much is TB Capital Gestao de Recursos Ltda.'s portfolio worth?
The Q2 2026 filing reports $183M in US stocks. That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.